AltResources, a provider of fund administration services for private equity funds, has recruited Joseph Daly as its compliance director, bringing to the firm over 25 years of accounting, compliance and client-service experience in alternative investments.
"We are delighted to have Joe on our team," said AltResources managing director John Wiencek. "Joe has extensive experience and excellent financial and IT-systems skills that will be vital to helping our clients."
"Private equity firms face a demanding regulatory environment and growing risk-management requirements from investors," Daly said. "Independent administrators like AltResources are going to play an important role in helping private equity firms meet these challenges."